Air Transport Services Group (ATSG) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 1-year price objectives for Air Transport Services Group's stock. Their ATSG share price forecasts range from $21.00 to $30.00. On average, they anticipate the company's share price to reach $26.50 in the next year. This suggests a possible upside of 27.0% from the stock's current price.
View analysts price targets for ATSG or view top-rated stocks among Wall Street analysts.

Air Transport Services Group's stock was trading at $25.98 at the beginning of 2023. Since then, ATSG stock has decreased by 19.7% and is now trading at $20.87.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ATSG earnings forecast.

Air Transport Services Group, Inc. (NASDAQ:ATSG) posted its quarterly earnings data on Friday, August, 4th. The transportation company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.37 by $0.20. The transportation company earned $529.34 million during the quarter, compared to analysts' expectations of $514.56 million. Air Transport Services Group had a trailing twelve-month return on equity of 12.10% and a net margin of 7.30%. The firm's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 earnings per share.

ETFs with the largest weight of Air Transport Services Group (NASDAQ:ATSG) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN), First Trust Small Cap Value AlphaDEX Fund (FYT), First Trust Small Cap Core AlphaDEX Fund (FYX) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).

Air Transport Services Group issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $1.65-$1.80 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Transport Services Group investors own include Anworth Mortgage Asset (ANH), Fifth Third Bancorp (FITB), Automatic Data Processing (ADP), Procter & Gamble (PG), The PNC Financial Services Group (PNC), Truist Financial (TFC), Huntington Bancshares (HBAN), Intersect ENT (XENT), Alibaba Group (BABA) and NVIDIA (NVDA).

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ATSG stock can currently be purchased for approximately $20.87.

Air Transport Services Group (NASDAQ:ATSG) has a market capitalization of $1.48 billion and generates $2.05 billion in revenue each year. The transportation company earns $198.58 million in net income (profit) each year or $1.82 on an earnings per share basis.

The company employs 5,320 workers across the globe.

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The official website for the company is www.atsginc.com. The transportation company can be reached via phone at (937) 382-5591, via email at investor.relations@atsginc.com, or via fax at 937-383-3838.